Cornerstone’s Q1 2026 Market Update covers a record start to the year for North American M&A, paired with a lower middle market that stayed active but selective. It walks through rising TEV/EBITDA multiples, private equity shifting down-market with add-ons leading deal flow, improving financing as senior debt pricing hit its lowest level since 2022, and how AI is shaping M&A diligence even as most advisors report no material impact on valuations.
Q1 2026 Lower Middle Market M&A Market Update | Cornerstone Business Services
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